Kefi Gold And Copper Share Discussion Threads

[divmad] 23/9/2019 07:20

And sowas this nugget:

" The key steps for starting Project development in October 2019 are as follows:

o Execution and closing of updated shareholder agreements and share subscription documents, which are in hand and include normal undertakings by the three shareholders of TKGM, as well as by TKGM itself as regards normal operational undertakings and insurances;"

More technical work to be done, as well as getting the AMS funding, of which no further mention as to exact timing.

[stockriser] 23/9/2019 07:17

Well that was well concealed in the report- "drilling is expected to commence this week at the Hawiah Exploration Licence"

[keelhauled] 20/9/2019 17:23

Daily/Weekly Close: the mm's produced a decisive close today - Keelhauled

[robjm66] 19/9/2019 13:58

Wet season ends in September and Kefi has said it will work through wet season as it is not as bad as in other countries. Company would get forgiven even if the schedule slipped by a couple of weeks as long as everyone is happy with the security and community reports and the money had arrived.

[divmad] 19/9/2019 11:45

From the Sep 4th RNS,

"KEFI and its partners in Tulu Kapi Gold Mine Share Company Limited ("TKGM") have confirmed their respective commitments to the start of development at the Tulu Kapi Gold Project (the "Project") in October 2019 ..."

Aside from the impact on the sp, does it matter if the actual start of construction is delayed right up until the end of October, with funding in October, or are the on the ground logistics (weather etc) already getting tight?

[divmad] 19/9/2019 11:27

I hope those words don't come back to haunt HAA.

[robjm66] 19/9/2019 11:18

Think I would be happy with 2500 gold price if gets too high they will be digging people up to steal their gold teeth.

[whatnow1] 19/9/2019 09:49

The hater`s are doing their thing as usual lol
HAA stated in the last TW interview that the projects were UNSTOPPABLE(dyor)

[stockriser] 19/9/2019 09:24

That grenade attack ocurred in Burayu town, in Oromia Special Zone, some 20 kilometers North West of Addis Ababa, so actually a few hundred Km's away from Tulu Kapi.

[digger2779] 19/9/2019 08:45

Uh uh it's started with the "round number sells"....hope our benefactor isn't telling us we need more money whether we need it or not. Maybe they think ANS money is a coming soon so better get a few more cheap shares in to maximise profits?

[cybaajak] 19/9/2019 07:36

@ cmj681. I wish you were only joking but you probably hit the nail on the head with that remark.


Incoming: Another State of Emergency...

[divmad] 19/9/2019 07:29

But why are they reluctant, if the numbers are so compelling!

[cjm681] 19/9/2019 07:09

@TTT - don't worry, it's just ANS's next excuse to delay the payment they are reluctant to make!

[bostanli] 18/9/2019 22:16

hxxps://www.zehabesha.com/the-peace-dividend-of-abiy-ahmeds-global-diplomacy-in-ethiopia/

[the charmer] 18/9/2019 21:50

TTT.

It could be relating to this:

hxxps://www.thereporterethiopia.com/article/grenade-attack-hits-police-camp-oromia

[tim_the_trout2] 18/9/2019 21:14

UK.gov foreign travel (see .....

...... all but essential travel to ......

the West Wollega and Qellem Wollega zones in the Oromia region, with the exception of the main Addis Ababa-Gambella road

Tulu Kapi is in West Wollega.

This is concerning, has anyone noticed this before or am I picking up old advice?


TTT

[richsmithsmith] 18/9/2019 17:22

Big late trade printed

[digger2779] 18/9/2019 08:57

Yep 7 days before we reach Nirvana in which case who needs money? In the real world however I did mention BMV a while back and am pleased to say I'm in profit there having held the shares for about a year. Got mining licence to start on reopening an existing mine and have a very helpful govt. on their side. No infrastructure to worry about nor a money grabbing consortium etc etc. Sorry for the OT but take a look while we await the "good news" here.
GL all and may we all prosper and live long enough to have a bit of fun.

[divmad] 18/9/2019 07:27

7 trading days left....

[bejubiant] 18/9/2019 04:30

My apologies Jaylett.. my post was more intended to evidence that I’ve got a lot of personal monies in play here(>£200,000) and feel that it’s a justified investment, based on what’s known.
I’ve had to buy a lot recently to get my breakeven down mind you.

I have no plans to get “out” of this, as the intimations around dividends once operational are good, which will pay us all to live with a reducing risk going forward.

Hopefully the run towards October will give us all some comfort.

GLA